Click on the indicator tab on top of your chart – it’s something that looks like this –

All the indicators will pop up on your left sidebar.

Click on Parabolic Sar – It is the forth indicator in the list.

You will now see dots imposed on your chart. Some from the top; others from the bottom.

How to change settings.

You can use the parabolic SAR without changing anything.

But if you want to make changes, just click on the pencil button in step one as shown in the image above.

And when a new window pops up on your left sidebar. Click on the plus or minus buttons to increase or reduce your periods as shown in the image above.

Olymp trade recommends that you leave the periods at 0.02.

Why?

Increasing the periods will give you more signals but your they will be less accurate.

Decreasing the periods will give you less signals and most of them will be accurate.

You can use the third button to increase or reduce the weight of the dots.

And the forth button to change the color of the dots.

Note: – When the Parabolic SAR dots are close to your chart, there is likelihood that the current trend will reverse soon. When the dots are far away from the chart, then this is an indication that the trend is stable.

Ps. Try to trade on the trend direction when using this tool.

You can also get more accurate results when you look at it from this angle.

Predict an upward trend when you see the first dot beneath a green candlestick.

If the first parabolic SAR dot appears above a red candlestick, predict that the price will fall.